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Centre cuts refined soyoil, sunflower oil duty to 12.5%

The government has lowered import duty on refined soyoil and refined sunflower oil to 12.5% from 17.5%, which will come into effect from Thursday, according to a government notification ....

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Edibile oil to become cheaper: Govt directs industry to cut retail prices by.... - Check all details

The government has directed the edible oil industry in India to reduce the retail prices of essential commodities immediately. Blackmailing with the sharp fall in international rates for the last two months, food secretary Sanjeev Chopra has ordered representatives of edible oil associations to pass on the benefit of lower prices to consumers. , Industry News, Times Now ....

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How the Ukraine-Russia war affected sunflower oil consumption in India

Global prices of edible oils, which hit an all-time high after Russia’s invasion of Ukraine, have crashed. Sunflower has seen the greatest volatility over the last 1 year and as India’s oil imports seem set for a record high this Nov-Oct year, sunflower, along with palm, has led the surge. ....

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Big Relief For Consumers! Govt Asks Companies To Cut Edible Oil Prices With Immediate Effect

The stakeholders were advised to take up the issue with their members immediately and ensure that the MRP of each oil brand be reduced in line with the decline in the international prices of edible oils with immediate effect. ....

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Price of 1-litre bottle of soyabean oil raised by Tk 12

Refiners have raised the price of one-litre bottled soyabean oil by Tk 12 to 199 per litre. The new price will be effective immediately, the Bangladesh Vegetable Oil Refiners' and Vanaspati Manufacturers' Association said in a press release today. ....

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